I enjoyed this helpful advice from the article:
What residents can do
For homeowners who suddenly find themselves dealing with a new, unavoidable monthly cost — whether that’s tolls, higher grocery bills or an unexpected home repair the financial strain can add up quickly.
One way experts often suggest softening the blow is by building an emergency fund with roughly three to six months of essential expenses set aside for things like housing, utilities and debt payments. The goal is to have a cushion for when surprise costs like these suddenly show up. Longer term adjustments would mean adjusting monthly budgets to account for the additional cost.
"Experts say that if something seems expensive, build more wealth so it doesn't seem expensive anymore." Thank goodness for experts.
